The suit alleges that on or about April 25, Chanos told guests at
an invitation only event in Berkley, California that Wynn and his
Las Vegas-based resorts had violated the federal Foreign Corrupt
Practices Act.

In his lawsuit, Wynn also adds that gaming regulators in Nevada
and Massachusetts, the SEC, and other government agencies have
"thoroughly investigated" both him and his
resorts. An no one found and
reliable evidence of a FCPA violation.

Wynn is seeking unspecified compensatory and punitive
damages.

Jim Chanos, founder of
Kynikos AssociatesReuters

Jim Chanos is a Wall Street stalwart, and founded his short-only
firm Kynikos (Greek for 'cynic') back in 1980s.One of his
more famous moves was shorting Enron, several months before its
bankruptcy.